Full Exercise of Exchangeable Bonds Reduces ILJIN ELECTRIC Stake by 4.97%

ILJIN HOLDINGS' exchangeable bonds (exchange target: common shares of ILJIN ELECTRIC) issued on October 20, 2025, have been fully exercised (2,368,993 shares), with no remaining exchangeable shares.
The initial exchangeable shares were 2,368,994 shares (4.97% of total issued shares); as of the report date, 2,368,993 shares were exchanged and the odd 1 share was redeemed in cash.
This report is filed for the purpose of affecting management control; the bond subscription agreement was signed on September 11, 2025, payment date October 20, 2025, maturity October 20, 2030.

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